• FPL Group reports GAAP earnings of $1.62 billion and adjusted earnings of $1.65 billion for full-year 2009
• NextEra Energy Resources faced a challenging fourth quarter but achieved good financial performance for
the full year
• Favorable weather boosted Florida Power & Light Company’s quarterly and full-year earnings amid a
continued weak economy
JUNO BEACH, Fla. – FPL Group, Inc. (NYSE: FPL) today reported 2009 fourth-quarter net income on a GAAP basis of $349 million, or $0.85 per share, compared with $408 million, or $1.01 per share, in the fourth quarter of 2008. On an adjusted basis, FPL Group’s earnings were $323 million, or $0.79 per share, for the fourth quarter of 2009 compared with $361 million, or $0.90 per share, in the fourth quarter of 2008. Adjusted earnings exclude the mark-to-market effects of non-qualifying hedges and net other than temporary impairments (OTTI) on certain investments, both of which relate to NextEra Energy Resources.
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